Geothermal, the ‘undervalued’ renewable resource, sees surging interest

Image from Ormat

Image from Ormat

NYT profiles the about-to-boom geothermal industry. Unlike wind and solar, geothermal power is steady, and California and Nevada have prodigious amounts of it. Also, many abandoned oil and gas wells could be used to product geothermal.

is a key company here. Unlike many renewable energy firms, they are already profitable and established.

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